
Expansion31 Aug 2026, 07:00 pm
Chandni Machines Commences Aluminium Ingot Manufacturing
AI Summary
Chandni Machines Limited has announced the commencement of its new Aluminium Ingot manufacturing project at Kuvada GIDC, Rajkot. The company has leased a 22,000 sq. ft. facility and placed orders for machinery worth ₹150 lakh. Trial production is expected by September 20, 2026, with commercial production starting October 1, 2026, subject to approvals. The facility aims for a capacity of 300 tonnes per month, potentially generating ₹9.45 crore in monthly revenue and ₹50 lakh in net profit. The company also plans a two-fold capacity expansion by March 2027.
Key Highlights
- Commenced implementation of Aluminium Ingot manufacturing project.
- Targeting trial production by September 20, 2026, commercial by October 1, 2026.
- Projected monthly revenue of ₹9.45 crore and net profit of ₹50 lakh.
- Plans for capacity expansion by March 2027.
- Leased 22,000 sq. ft. facility and invested ₹150 lakh in machinery.
Price Impact
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